Asian Development Bank (ADB)

Unverified
XFID Unique Identifier for Asian Development Bank (ADB): XOYMOT355D
Country
XX
Sector
Non-banks
Website
adb.org
2 Second Party Opinions
1 Framework
XFID Type Title Year Source Retrieved
XF-T7F27YA-4 Second Party Opinion Asian Development Bank (ADB) (Methodology of Shades of Green, formerly part of CICERO) 2021 www.spglobal.com 25 Feb 2026
XF-BZ9WGEP-2 Second Party Opinion Asian Development Bank (ADB) (Methodology of Shades of Green, formerly part of CICERO) 2014 www.spglobal.com 25 Feb 2026
XF-BZG07CV-S Framework adb green blue bond framework 2024 www.adb.org 21 Feb 2026

Research Mentioning This Issuer (17)

Academic papers in the registry that reference this issuer.

Press Coverage (2)

News and trade press mentioning this issuer, tracked in the registry.

XF Company Profile

Extra-financial information found across 3 documents in the XframeworkID registry

NACE U Extraterritorial Organisations

Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.

Issuer Identity & Structure

Issuer name and country/jurisdiction
Asian Development Bank, Philippines SPO 2021 2021
Issuer sector/industry classification
Extraterritorial Organisations
Issuer type
Regional development bank SPO 2021 2021
Core business activities and geographic focus
Provides loans, technical assistance, grants, and equity investments to promote social and economic development in the Asia-Pacific region SPO 2021 2021
Issuer organizational structure
Multilateral development bank owned by 68 member governments SPO 2021 2021

Corporate Strategy & Mission

Corporate mission and sustainability strategy
Support developing member countries in delivering environmentally sustainable growth to reduce poverty and improve quality of life FRAMEWORK 2024 2024

Green / Sustainable Finance Framework

Sustainable bond framework name and version
Green and Blue Bond Framework 2024 FRAMEWORK 2024 2024
Bond types covered under framework
Green bonds and blue bonds FRAMEWORK 2024 2024
Eligible use-of-proceeds categories
Green bonds: climate change mitigation (renewable energy, energy efficiency, sustainable transport) and adaptation (energy infrastructure resilience, water supply, agriculture, transport). Blue bonds: marine and coastal ecosystem management, pollution control for marine/coastal environments, sustainable coastal and marine development. FRAMEWORK 2024 2024
Refinanced vs. newly financed project distinction
Both new financing and refinancing are permitted SPO 2021 2021
Exclusion criteria for ineligible projects or sectors
Use of palm oil for the production of biofuel is not eligible SPO 2021 2021

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
All ADB green and blue bonds are consistent with the Green Bond Principles FRAMEWORK 2024 2024

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
CICERO, 5 November 2014 SPO 2014 2014
SPO assessment scope and methodology
Project screening and impact assessments robustly undertaken in line with multilateral financial institution standards. Assessment includes evaluation of green bond principles alignment, project eligibility categories, selection procedures, and management of proceeds. SPO 2021 2021
SPO preliminary evaluation or credibility rating
Framework strengths: inclusion of blue economy projects, solid corporate safeguards, robust project selection. Areas for improvement: blue category criteria lacking detail, framework could be more robust in places, selection procedure could be improved with life-cycle analysis and rebound effects consideration. SPO 2021 2021

Changes Over Time

Items where disclosed information changed across documents.

Sustainable bond framework name and version
2014 ADB's Green Bond framework
2024 Green and Blue Bond Framework 2024
Bond types covered under framework
2014 Green bonds
2021 Green bonds and blue bonds
Framework publication date and update history
2014 2014
2024 2024
Alignment with ICMA Green Bond Principles
2021 Framework is in alignment with the Green Bond Principles but could be more robust in places
2024 Yes - consistent with Green Bond Principles